There were few better stocks to own in 2024 than Palantir ( PLTR 5.00%). It rose 341% in just a year, and 2025 hasn't been so bad, either. It has risen around 20% so far this year, but at the time of this writing, it is down 30% from its all-time high set just a few weeks ago.

Palantir's Artificial Intelligence Platform (AIP) is all investors want to talk about, but the company has another product that could be huge.

Wedbush analysts called Palantir one of their "top names" to own in 2025, expecting the stock to benefit from a "tidal wave of spending on AI."

After hitting an an intraday high of $125.41 per share last Wednesday, Palantir Technologies (PLTR) has fallen for four consecutive days, losing almost 28% of its value. In pre-market trading this morning, PLTR stock is down another 3.5%. There doesn’t appear to be anything capable of stopping this free fall plunge.

Palantir Technologies (NASDAQ: PLTR) got off to a red-hot start in 2025 and quickly registered gains of more than 60% in less than two months, hitting a 52-week high on Feb. 18, but it has been retreating rapidly since then.

Palantir is exhibiting strength as investors react to Wall Street's latest endorsement of the company's role as a key dfense contractodr.

Palantir Technologies (PLTR) has been among the best-performing stocks over the past 12 months, driven by improving earnings, enthusiasm for